Bonanza Mountain Estates, CO is a small town with a population of less than 5,000 people. It offers its residents a quiet and relaxed lifestyle away from the hustle and bustle that many big cities experience. The cost of living in Bonanza Mountain Estates, CO is higher than the US average. For example, 2 bedroom rent prices are $2,120 compared to the national average of $1,430. Additionally, grocery cost index in Bonanza Mountain Estates is 103 versus 100 in the US. Although it is more expensive to live in Bonanza Mountain Estates than other places in the US, it is worth its price tag due to its abundance of quality local businesses like Wild West Trading Company, Blue Horizon Café & Bakery, and Bonanza Valley Ranch Supply Store. All these businesses offer goods and services to their local community at competitive prices that benefit both customers and business owners alike.
Bonanza Mountain Estates has an unemployment rate of 5.5%. The US average is 6.0%.
Bonanza Mountain Estates has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.
Tax Rates for Bonanza Mountain Estates
- The Sales Tax Rate for Bonanza Mountain Estates is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Bonanza Mountain Estates is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bonanza Mountain Estates
- The average income of a Bonanza Mountain Estates resident is $72,564 a year. The US average is $37,638 a year.
- The Median household income of a Bonanza Mountain Estates resident is $0 a year. The US average is $69,021 a year.